Source: Pritam Singh's Page
WP MP Png Eng Huat recently called for greater flexibility in the use of CPF funds for members in their old-age in his speech during the debate in Parliament on the President address last month. Much as been said about how CPF funds should be used and disbursed over the years. A range of ideas on the way forward continue to be heard.
However, many ideas have been suggested previously in some shape or form by Singaporeans from all walks of life. In the run up to the PM Lee's National Day Rally speech, where he is expected to make some announcements on the CPF, I will be uploading CPF-related articles that have appeared in the mainstream media over the decades.
The purpose is educative, to solicit feedback, and to hear the views of Singaporeans, as we all seek to better understand this complex creature known as the CPF.
The CPF has been modified to fulfill many objectives of CPF members from education to perhaps most importantly, health and housing, amongst others, far beyond the original idea of the British colonialists when they set it up in 1955 - largely to avoid the problem of having to set aside larger and larger budgets for old-age pensions and basically, to deal with retirement.
Indeed, the CPF's complexity and its purpose/s are often underestimated, given the number of roles it fulfills, or is meant to fulfill. Each article will as far as possible look at specific issues pertaining to the CPF, while others will be more strategic and over-arching in nature.
Looking forward to all your views/opinions.
WP MP Png Eng Huat recently called for greater flexibility in the use of CPF funds for members in their old-age in his speech during the debate in Parliament on the President address last month. Much as been said about how CPF funds should be used and disbursed over the years. A range of ideas on the way forward continue to be heard.
However, many ideas have been suggested previously in some shape or form by Singaporeans from all walks of life. In the run up to the PM Lee's National Day Rally speech, where he is expected to make some announcements on the CPF, I will be uploading CPF-related articles that have appeared in the mainstream media over the decades.
The purpose is educative, to solicit feedback, and to hear the views of Singaporeans, as we all seek to better understand this complex creature known as the CPF.
The CPF has been modified to fulfill many objectives of CPF members from education to perhaps most importantly, health and housing, amongst others, far beyond the original idea of the British colonialists when they set it up in 1955 - largely to avoid the problem of having to set aside larger and larger budgets for old-age pensions and basically, to deal with retirement.
Indeed, the CPF's complexity and its purpose/s are often underestimated, given the number of roles it fulfills, or is meant to fulfill. Each article will as far as possible look at specific issues pertaining to the CPF, while others will be more strategic and over-arching in nature.
Looking forward to all your views/opinions.
